The Productive Value of Human Time in U.S. Agriculture
作者:
Wallace E. Huffman,
期刊:
American Journal of Agricultural Economics
(WILEY Available online 1976)
卷期:
Volume 58,
issue 4_Part_1
页码: 672-683
ISSN:0002-9092
年代: 1976
DOI:10.2307/1238810
出版商: Oxford University Press
数据来源: WILEY
摘要:
AbstractThe quantity and marginal productivity of farm husband and wife labor services allocated to their own farm work are assessed. A behavioral model of the farm firm is developed and implemented empirically by fitting a production function to county average per farm data for 1964 for Iowa, North Carolina, and Oklahoma counties. A comparison of marginal products of husband's and wife's labor inputs with opportunity costs yields the implication that net rural‐to‐urban human migration and reallocation of working time between own‐farm and off‐farm work by the remaining farm population had succeeded in getting rid of excess labor services in U.S. agricultural production in 1964.
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